Press release
Financial Cloud Market Share 2020 - Competitive Analysis by Google, Huawei Technologies, IBM Corporation, Infosys Limited, Oracle Corporation
Financial cloud is similar to the public cloud but is primarily serves the financial and management needs of an organization. Various organizations use the financial cloud to improve productivity and lower the cost and improve customer management. Several organizations related to the BFSI industry are rapidly adopting financial cloud services.Financial Cloud Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.
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"Global Financial Cloud Market Analysis to 2027" is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of financial cloud market with detailed market segmentation by deployment type, component, enterprise size, application and geography. The global financial cloud market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading financial cloud market players and offers key trends and opportunities in the financial cloud market.
Top Leading Players in Financial Cloud Market are-
- Amazon web Services
- Beeks Financial Cloud Group Plc.
- Computer Sciences Corporation
- Google, Inc.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Infosys Limited
- Oracle Corporation
- Salesforce.Com, Inc.
- SAP SE
Increasing popularity of cloud based services in the developed countries and the increasing focus towards enhanced customer management are the major factors that are driving the growth of financial cloud market. However, concerns over regulatory compliances, and lack of knowledge related to cloud in the developing regions are the major factors that might slow down the growth of this market.
Global financial cloud market is segmented on the basis of deployment type, component, enterprise size, application. Based deployment type, the market is segmented as private cloud, public cloud, and hybrid cloud. On the basis of the component the market is segmented as solution and service. On the basis of enterprise size the market is divided into SMEs and large enterprises. Based on application the market is segmented as wealth management, revenue management, customer management, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global financial cloud market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The financial cloud market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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